Home : Energy-tel


Energy-Tel LLC - Energy Update October 31 2013

- Saturday, November 02, 2013

The Henry Hub spot pricing closed this week (Wednesday, October 30) at $3.55 per MMBtu down 11 cents from last week’s $3.66 per MMBtu (Wednesday, October 23). The NYMEX  November 2013 contract expired and settled at $3.496 per MMBtu on Tuesday, October 29 down 12 cents from 1ast Wednesday October 23. The December contract settled at $3.620 Wedneday.


According to BENTEK Energy LLC estimates there was an increase in total consumption in all sectors this week of 4.9%.  Consumption in the Residential/Commercial sector was up 14.1%. While thePower Sector consumption fell 1.2%/


According to EIA Weekly Natural Gas Storage Report working natural gas in storage increased to 3,779 Bcf on Friday, October 25.  Stocks were down 3.1% from last year at the same time and 1.6% above the 5 year average.


Please feel free to give me a call to discuss any questions you may have about your specific energy plan.


Tony Gattuso



**This analysis contained herein is based upon information Energy-Tel, LLC reasonably believes to be accurate.  However, they do not guarantee the accuracy of the analysis.**



THE LAST WORD:  ” If you are not willing to risk the usual you will have to settle for the ordinary.” Jim Rohn

You have the power
to contain energy costs

Businesses save on average 10-30% off their energy costs

GlobalSign SSL Site Seal